Updated

The European Union presidency says that no new sanctions will likely be imposed on Russia at this week's EU summit over the conflict in Ukraine because the peace agreement is generally being respected.

Foreign Minister Edgars Rinkevics of Latvia, which holds the EU presidency, said Tuesday he did not expect "a discussion of new sanctions or any decisions" when EU leaders meet Thursday.

"The first elements of the Minsk agreement are being implemented," Rinkevics said, referring to the deal to halt fighting between Ukrainian troops and Russian-backed separatists.

The EU has visa bans and asset freezes in place targeting 150 individuals, including high-ranking Russians, and 37 entities like banks and rebel groups.

Rinkevics spoke after chairing the last high-level meeting to prepare the EU summit.